latest news releases from the newsroom
Carnegie Signs Heads of Agreement Regarding Acquisition of Unitfond from Capinordic A/S
STOCKHOLM, Sweden, March 11, 2003 (PRIMEZONE) -- Carnegie has signed a Heads of agreement regarding the acquisition of Capinordic A/S Swedish subsidiary Unitfond i Helsingborg AB. In the event of an acquisition, the consideration will be split into a fixed part, comprising the acquired company's equity plus SEK15m, and a variable part, depending on the operations' performance in the five next years. The acquisition is subject to due diligence, and the aim is for a final agreement to be reached before 23 March.
Wolf Popper LLP
Wolf Popper LLP: Notice to Investors in Bayer (AG) Aktiengesellschaft -- BAY
NEW YORK, March 11, 2003 (PRIMEZONE) -- Wolf Popper LLP has filed a securities fraud class action complaint against Bayer (AG) Aktiengesellschaft (NYSE:BAY), and certain present and former members of its Board of Management, on behalf of purchasers of Bayer AG American Depositary Shares (ADRs) from May 26, 1999 through February 21, 2003 (the "Class Period"). (Prior to January 23, 2002, Bayer AG ADRs traded on the NASDAQ under the symbol BAYZY.) A copy of the complaint is available from the U.S. District Court for the Southern District of New York (Docket No. 03 CV. 1546 (SWK)).
Reality Wireless Networks Inc.
'Fixed Wireless: Going where DSL Can't and Cable Won't'; Reality Networks' Expansion to Parallel the Growth Stages of Cable
CAMPBELL, Calif., March 11, 2003 (PRIMEZONE) -- While so-called "Wi-FI," or 802.11 in its various iterations (a, b, g....x) is all the rage right now in specific, urban areas and wired broadband has grown from 10 million subscribers to 16 million in the past year in the U.S., industry veterans such as Dennis Spina, CEO of Reality Networks (OTCBB:RWNT), know the real opportunity for fixed wireless broadband lies in serving the tens of millions of potential customers in those parts of the country that DSL can't reach and cable won't because of the expense and infrastructure requirements.
International Broadcasting Corporation
International Broadcasting Corporation Announces New Sponsor for `Stock Talk LIVE' Radio Show - ZAP, Zero Air Pollution
SANTA MARIA, Calif., March 11, 2003 (PRIMEZONE) -- International Broadcasting Corporation (OTCBB:IBCS) announced today that it has signed on a new sponsor for its radio talk show "Stock Talk LIVE." ZAP (OTCBB:ZAPZ) is the latest sponsor for the show. "Stock Talk LIVE" (http://www.IBCradio.com) is believed to be the very first LIVE radio talk show focused exclusively on micro-cap stocks "on the air" each and every stock market day from opening bell to the close and beyond. Interactivity, interesting guests, and significant short-term trading opportunities are featured in each and every edition of "Stock Talk LIVE." LIVE interviews, commercials, and news updates about ZAPZ will air on "Stock Talk LIVE." News releases from ZAPZ will also appear at the IBC News Network website (http://www.IBCNN.com).
Two Autoliv Facilities Win Prestigious Shingo Prize for Exellence in Manufacturing
STOCKHOLM, Sweden, March 11, 2003 (PRIMEZONE) -- Autoliv Inc. (NYSE:ALV), the worldwide leader in automotive safety, today announced that two of its Utah facilities have received the 2003 Shingo Prize for Excellence in Manufacturing. The Ogden Airbag Module Facility and the Airbag Inflator Facilities group are among an elite list of manufacturers this year to earn what Business Week has called "...the Nobel prize of manufacturing."
Possio Offers a Complete Platform for Wireless Connections and Services
STOCKHOLM, Sweden, March 11, 2003 (PRIMEZONE) -- Possio is launching a new Wireless Services Gateway at Cebit. The Possio PX30 contains comprehensive functionality -- thanks to WLAN, Bluetooth, Ethernet, USB connections, and several card slots. All this is built on a powerful OSGi platform. The PX30 provides many opportunities for wireless combinations, powerful applications, and new functions.